Dependence on NEC’s Business Performance and the Proportion of NEC Products and Services Handled
First written in FY2017. 4 of 5 entries say "Reframed", first in FY2021. Latest entry: FY2026.
NEC Capital Solutions Limited moved to the "Worse" side of this theme in 2021.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「As of the end of the current consolidated fiscal year, NEC continues to maintain its relationship as our second-largest shareholder, holding 11.81% of our voting rights, and our group will continue to further promote business collaboration as an important partner providing financial services to the NEC Group.」
Although NEC's voting rights ratio declined from the 17% range to 11.81%, the company describes the continued relationship with NEC as its second-largest shareholder and an important financial services partner. - FY2025ReframedAnnual report
「As a result of the change in capital structure on 2 October 2024, our group ceased to be an equity-method affiliate of NEC Corporation (hereinafter “NEC”). Although there has been a change in the largest shareholder, as of the end of the current consolidated fiscal year NEC continues to maintain its relationship as our second-largest shareholder, holding 17.61% of our shares, and our group will continue to further promote business collaboration as an important partner providing financial services to the NEC Group.」
While the company ceased to be an equity-method affiliate of NEC, the explanation now emphasizes that it continues to maintain its relationship as NEC's second-largest shareholder, holding 17.61%, and as an important partner providing financial services to NEC. - FY2025-H1ReframedAnnual report
「Although there has been a change in the largest shareholder, NEC continues to maintain its relationship as our second-largest shareholder, holding 17.63% of our shares. While further promoting business collaboration as an important partner providing financial services to the NEC Group, we believe that belonging to the SBI Shinsei Bank Group will enable us to expand our business areas and make growth investments more actively than before.」
The explanation has changed from describing dependence on NEC on a standalone basis to describing the combination of continued business collaboration with NEC and expansion of business areas and growth investment through joining the SBI Shinsei Bank Group. - FY2021ReframedAnnual report
「We have positioned “strategic collaboration with NEC,” “a wide range of financial solutions,” and “extensive expertise in ICT” as the group’s “core values.” While strengthening and expanding our traditional leasing and finance businesses, we are working to establish unique services by leveraging the three strengths of our “core values,” including our ability to combine various products and services and propose solutions to customer issues by creating synergies inside and outside the company.」
While describing the risk of dependence on the proportion of NEC products and services handled, the company explains that it is working to establish unique services based on collaboration with NEC, financial solutions, and ICT expertise, combined with product combinations and internal and external synergies. - FY2017First statedAnnual report
「Given the high proportion of NEC products and services handled by our group, trends in NEC's business performance could affect the performance and other aspects of our group.」
As an equity-method affiliate of NEC and Japan's only financial services company in this field, the company discloses its high proportion of NEC products and services handled as a risk.